Trading Edges That Last
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Lawrence's Comment Recap Data repair was done after the chart update over the weekend. Next week will have the correct prices shown. Euro slipped below Y-1 yet no stops were discovered which ...READ MORELawrence's Comment Recap The head and shoulder formation was invalidated at the start of the week as Dow did not stay below the neckline. Signature STOPD reversal after the new low ...READ MOREGBPUSD Sep 28 to Oct 02 Outlook3DP Odds Table (GBPUSD) 2022-02-02Precog Vision – Forex 2022-12-28Precog Vision – Forex 2020-8-113DP Odds Table (GBPUSD) 2019-03-26Weekly Cycle Projection (GBPUSD) 2022-03-07EURUSD Dec 01 to Dec 05 OutlookIntraday Cycle Projection (GBPUSD) 2012-11-163DP Odds Table (GBPUSD) 2022-05-30Dow 30 Sep 19 to Sep 23 Outlook
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GBPUSD Apr 08 to Apr 12 Outlook
Lawrence’s Comment
Got Y+1 early in the week. But not holding Y-0 at all as cable collapsed back down to below Y-1. Yet it did not stay below Y-1. Another push lower failed to tag Y-2 and zoomed back up since. Cleared Y-0 in 1 go and then tagged Y+2. Closed the week near Y+2 and week high.
Outlook
2nd half of week was partially driven by news shock. Momentum will carry the pair higher into early next week so price above B+1 is expected. If Y+3 acts as resistance, it is likely cable will consolidation between Y+3 down to Y+1.
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